← back
#626 Daily Money Show | Money Purse Stock Market News
Original: # 626 Daily Money Show | Money Purse Stock Market News
Takeaway
FOMC hawkishness pressured markets while middle-class income surge sets up long-term discretionary thesis; NSE F&O bot probe and GQG's Adani buys are key.
Summary
- Sensex -388 to 65,151; Nifty -99 to 19,365; FOMC minutes hawkish on inflation pressured global markets.
- India's middle class income up from Rs 2.3 lakh (FY10-11) to Rs 13 lakh (FY21-22) — strong runway for discretionary spending companies next 2 decades.
- NSE collecting full client/IP-address data for Jan 2020 - Mar 2022 F&O trading period to investigate possible bot/robot trading abuse.
- Adani Power block deal: promoters sold ~31 cr shares; US-based GQG Partners acquired ~15 cr shares; GQG also bought 1 cr JSW Power shares.
- Ramkrishna Forgings won Rs 16M Euro contract from European OEM for rear axles + differential components (5-year supplier relationship).
middle-classAdaniGQG
Original description
Description: MYRON HOMES PVT.LTD Web:https://myronhomes.in/ PH:7799949104 TELEGRAM: https://telegram.openinapp.co/money-purse You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance. You can compare Term Insurance here 👉 https://tinyurl.com/bdysmh59 You can compare Health Insurance here 👉 https://tinyurl.com/pgc9dcxc Stay In Touch👇 Also connect with us on👇 FACEBOOK: https://www.facebook.com/moneypurseadv/?ref=bookmarks INSTAGRAM: https://www.instagram.com/moneypurseadv/ TWITTER: https://twitter.com/Moneypurseadv Thanks for watching.. Team Money Purse 00:00 Market Update 01:10 Focus on These Stocks 02:43 NSE Shock To Traders 04:32 Buying Adani Stocks 05:14 IRFC OFS Update 05:57 Ramkrishna Forgings Order Update 06:33 Globus Spirits Block deal update 07:05 Nava Ltd Stock fall Update 07:44 railway Stocks Update 08:55 BATA and ADIDAS Strategic Partnership 09:51 Negative NEWS for Dabur 10:40 Zee Ent Update 11:27 GMDC Dividend Update 11:53 Greaves Cotton Update 12:16 HP Adhesives Stock Split Update